Money & You Do You Know How Much Your Home Has Increased in Value? Do You Know How Much Your Home Has Increased in Value? Last year we saw headlines about a possible housing market bubble, and many wondered if Americans still felt confident about the value of their homes. Recently, the 2018 Houzz & Home Study revealed: “Homeowners with mortgages have seen their home equity more than double since […]
Money & You 4 Proven Ways Real Estate Can Build Sizable Family Wealth 4 Proven Ways Real Estate Can Build Sizable Family Wealth Recently, David Greene, co-host of the BiggerPockets podcast and a nationally renowned author and speaker, wrote an article in Forbes explaining how investing in real estate could help build wealth. Many of the points he made also apply to a family owning their own home. Here are a few: 1. […]
Buyer Advice and Aid Is Student Loan Debt A Threat to Homeownership? No! Is Student Loan Debt A Threat to Homeownership? No! Over the course of the last thirty years, a shift has happened. An entire generation has been raised to believe that a college education is their key to unlocking opportunities that were not available to their parent’s or grandparent’s generations. Due to this, student loan debt […]
Seller Advice Why It Makes No Sense to Wait for Spring to Sell Why It Makes No Sense to Wait for Spring to Sell The price of any item (including residential real estate) is determined by the theory of ‘supply and demand.’ If many people are looking to buy an item and the supply of that item is limited, the price of that item increases. The supply of homes for […]
Money & You Think You Should For Sale By Owner? Think Again! Think You Should For Sale By Owner? Think Again! [INFOGRAPHIC] Some Highlights: For Sale By Owner (FSBO) is the process of selling real estate without the representation of a real estate broker or real estate agent. According to the National Association of Realtors’ Profile of Home Buyers & Sellers, 36% of homeowners who decided to FSBO last year did […]
Money & You Where Are Home Prices Headed?
Buyer Advice and Aid 3 Things You Need in a Shifting Real Estate Market 3 Things You Need in a Shifting Real Estate Market Whether you are thinking of selling your house or buying a home, today’s real estate headlines can be confusing – perhaps even concerning. What is actually happening with mortgage rates? Are home values dropping or are they just rising at a slower pace? What impact […]
Money & You The Importance of Home Ownership to the American Dream The Importance of Homeownership to the American Dream For centuries, people in this country have seen homeownership as part of the American Dream. Whether they were born here or immigrated from another country, they wanted to own a piece of America. With so many prominent societal changes over the last few decades, it is fair […]
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Buyer Advice and Aid Do You Prefer the Charm of an Existing Home? Do You Prefer the Charm of an Existing Home? When homebuyers begin their research, they want to see all their available options! In many cases, they will include both new construction and existing homes in their search; but is a new construction home really the house of their dreams? According to a recent survey by Zillow, of […]
Buyer Advice and Aid The Difference Having a Profeesional on Your Side Makes The Difference Having a Professional on Your Side Makes In today’s fast-paced world, where answers are a Google search away, there are some who may wonder what the benefits of hiring a real estate professional to help them in their home search are. The truth is, with the addition of more information, comes more confusion. Shows like Property […]
Buyer Advice and Aid Should I Buy Now Or Wait Till Next Year? What is the Cost of Waiting Until Next Year to Buy? [INFOGRAPHIC] Some Highlights: The cost of waiting to buy is defined as the additional funds it would take to buy a home if prices & interest rates were to increase over a period of time. Freddie Mac predicts interest rates to rise to 5.1% by […]
Buyer Advice and Aid Buying a Home This Year? Here Comes the Inventory!
Buyer Advice and Aid Last Chance! Homes are a Bargain Compaed to Historic Norms Last Chance! Homes are a Bargain Compared to Historic Norms A loaf of bread used to be a nickel. A movie ticket was a dime.  Not anymore. Houses were also much less expensive than they are now. Inflation raised the price of all three of those items, along with the price of almost every other […]
Money & You Selling Your Home? Make Sure the Price is Right! Selling Your Home? Make Sure the Price is Right! If you’ve ever watched “The Price is Right,” you know that the only way to win is to be the one to correctly guess the price of the item you want without going over! That means your guess must be just slightly under the retail price. In today’s […]
Buyer Advice and Aid Buying a Home Young is the Key to Building Wealth Buying a Home Young is the Key to Building Wealth Homeowners who purchase their homes before the age of 35 are better prepared for retirement at age 60, according to a new Urban Institute study. The organization surveyed adults who turned 60 or 61 between 2003 and 2015 for their data set. “Today’s older adults became homeowners […]
Buyer Advice and Aid Buying a House This Year? This Should Be Your 1st Step! Buying a House This Year? This Should Be Your 1st Step! In many markets across the country, the number of buyers searching for their dream homes outnumbers the number of homes for sale. This has led to a competitive marketplace where buyers often need to stand out. One way to show that you are serious about buying […]
Buyer Advice and Aid COST ACROSS TIME The Cost Across Time [INFOGRAPHIC] Some Highlights: With interest rates still around 4.5%, now is a great time to look back at where rates have been over the last 40 years. Rates are projected to climb to 5.0% by this time next year according to Freddie Mac. The impact your interest rate makes on your monthly […]
Money & You How Much Has Your Home Increased in Value?
Buyer Advice and Aid Is the Recent Dip in Interest Rates Here to Stay? Is the Recent Dip in Interest Rates Here to Stay? Interest rates for a 30-year fixed rate mortgage climbed consistently throughout 2018 until the middle of November. After that point, rates returned to levels that we saw in August to close out the year at 4.55%, according to Freddie Mac’s Primary Mortgage Market Survey. After […]
Buyer Advice and Aid Your 365-Day Mortgage Rate Forecast